Tuesday, October 07, 2008
Bailout Bounce...Oh Wait...Guess Not
A poorly conceived three-page plan for a massive financial bailout, a result of monsters created, primarily, by Democrats and an issue that grew worse because of their high degree of possessing Deep Denial, morphs into a 451-page tome.
That's$700 Billion $820-some BILLION, $700B for the bailout and around $120B of pork.
How did the market fair at the close of Monday?
Figures via MotleyFool:
DJIA 9,968.40, Down 356.98 (-3.46%)
S&P 500 1,057.88, Down 41.35 (-3.76%)
NASD 1,862.96, Down 84.43 (-4.34%)
Why, you'd almost think there wasn't any bailout at all!
This is not the end.
©2008
That's
How did the market fair at the close of Monday?
Figures via MotleyFool:
DJIA 9,968.40, Down 356.98 (-3.46%)
S&P 500 1,057.88, Down 41.35 (-3.76%)
NASD 1,862.96, Down 84.43 (-4.34%)
Why, you'd almost think there wasn't any bailout at all!
This is not the end.
©2008
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